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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Confluent Announces Closing of Initial Public Offering

June 28, 2021 GMT

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 28, 2021--

Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced the closing of its initial public offering of 23,000,000 shares of Class A common stock at a price to the public of $36.00 per share. Confluent’s Class A common stock is listed on the Nasdaq Global Select Market under the ticker symbol “CFLT”.

Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC, BofA Securities, and Citigroup acted as lead book-running managers for the offering. Barclays, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank, and Wells Fargo Securities acted as additional book-running managers. Cowen, D.A. Davidson & Co., JMP Securities, KeyBanc Capital Markets, and Piper Sandler acted as co-managers.

The offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from: Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, by telephone at 866-718-1649 or by email at prospectus@morganstanley.com; or J.P. Morgan Securities LLC, Attn: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 866-803-9204 or by email at prospectus-eq_fi@jpmorganchase.com.

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A registration statement relating to the sale of these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Confluent

Confluent is pioneering a fundamentally new category of data infrastructure focused on data in motion. Confluent’s cloud-native offering is the foundational platform for data in motion – designed to be the intelligent connective tissue enabling real-time data, from multiple sources, to constantly stream across the organization. With Confluent, organizations can meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend operations.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20210628005739/en/

CONTACT: Investor Contact

Shane Xie

investors@confluent.ioMedia Contact

Justin Dorff

pr@confluent.io

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY OTHER TECHNOLOGY DATA MANAGEMENT

SOURCE: Confluent, Inc.

Copyright Business Wire 2021.

PUB: 06/28/2021 04:05 PM/DISC: 06/28/2021 04:06 PM

http://www.businesswire.com/news/home/20210628005739/en